Claridge, Westmoreland County, Pennsylvania Property Taxes
The median property tax rate in Claridge, PA is 12.89%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Claridge, the typical annual property tax bill reaches $1,675, exceeding the national median of $2,690. Property taxes in Claridge are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Claridge's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Claridge or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Claridge, Westmoreland County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
12.89%
Estimate Property Tax Bill
$1,668
$1,548
Ownwell’s Claridge Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Claridge with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Claridge to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Claridge, Westmoreland County, Pennsylvania
Property taxes in Claridge, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Claridge is 12.89%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Claridge set these rates annually, and they can vary significantly across different neighborhoods. Each year, Claridge estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Claridge's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the zip code 15623 has the highest median property tax rate of 12.89%, while the same zip code 15623 also has the lowest median tax rate of 12.89%. Understanding how these cities compare with Claridge provides valuable insights into the varying tax landscape across Westmoreland County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Property Tax Rates Across Claridge, Westmoreland County, Pennsylvania
Source: Ownwell
10.79%
12.81%
14.82%
Average Claridge Tax Rate
12.89%
Average Westmoreland County Tax Rate
12.81%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Claridge, Westmoreland County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15623 | 12.89% | 12.89% | 12.89% | 12.89% | 12.89% |
Source: Ownwell
Property Tax Assessment Values Across Claridge, Westmoreland County, Pennsylvania
In Claridge, Pennsylvania, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Westmoreland County Assessment Office for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Claridge, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. For example, the highest median tax bill in Claridge is $1,675 in the 15623 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Claridge, Westmoreland County, Pennsylvania
Source: Ownwell
$4,220
$23,080
$41,940
Average Claridge Assessed Value
$12,940
Average Westmoreland County Assessed Value
$16,850
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Claridge, Westmoreland County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15623 | $4,531 | $6,948 | $12,940 | $28,270 | $32,914 |
Source: Ownwell
Property Tax Bills Across Claridge, Westmoreland County, Pennsylvania
In Claridge, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to arrive at the annual tax bill. For homeowners in Claridge, the median home price stands at $12,940. Tax bills in this area can vary significantly, with the 25th percentile paying around $893 annually, while those in the 75th percentile face bills closer to $3,645. At the 90th percentile, homeowners might see tax bills reaching up to $4,245. Several factors contribute to these variations, including the home's assessed value and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Claridge's tax rates can present a substantial financial commitment for homeowners. Understanding these factors can help homeowners better anticipate their annual obligations and plan their finances accordingly. The highest median tax bill recorded in the nearby zip code 15623 is $1,675, illustrating the range of property tax burdens within the region.
Property Tax Bills Across Claridge, Westmoreland County, Pennsylvania
Source: Ownwell
$497
$3,182
$5,867
Average Claridge Tax Bill
$1,675
Average Westmoreland County Tax Bill
$2,150
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Claridge, Westmoreland County, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 15623 | $584 | $893 | $1,675 | $3,645 | $4,245 |
Source: Ownwell